Shaw Names Lee Elder Senior Vice President of the Power Group
02 July 2009 - 11:00PM
Business Wire
The Shaw Group Inc. (NYSE: SGR) today announced Lee Elder has
been named senior vice president of business development in the
company�s Power Group.
Mr. Elder joins Shaw from GE Hitachi Nuclear Energy, where he
served as the senior vice president of Global Sales and Marketing.
He was responsible for the sales of fuel fabrication, nuclear plant
services and new nuclear plants projects throughout GE Hitachi�s
global market. He previously held senior leadership positions at
GE, Black & Veatch and Westinghouse and has been an active
nuclear advocate throughout his career.
At Shaw, Mr. Elder will be responsible for business development
activities and initiatives for the Fossil, Nuclear and Maintenance
divisions of the Power Group, using his 35 years� experience in
systems engineering, project management, sales and marketing. He
will be located in Shaw�s Power Group headquarters in Charlotte,
N.C.
�With more than three decades of experience, Lee has the right
leadership skills and vision to promote Shaw�s portfolio of
full-service solutions to the power industry,� said Frederick W.
Buckman, president of Shaw�s Power Group. �Lee is an excellent
addition to the Power Group team, and we look forward to
capitalizing on his expertise as Shaw continues to focus on meeting
the global needs of our clients.�
The Shaw Group Inc. is a leading global provider of technology,
engineering, procurement, construction, maintenance, fabrication,
manufacturing, consulting, remediation and facilities management
services for government and private sector clients in the energy,
chemicals, environmental, infrastructure and emergency response
markets. A Fortune 500 company with fiscal year 2008 annual
revenues of $7 billion, Shaw is headquartered in Baton Rouge, La.,
and employs approximately 26,000 people at its offices and
operations in North America, South America, Europe, the Middle East
and the Asia-Pacific region. Shaw is the power sector industry
leader according to Engineering News-Record�s list of Top 500
Design Firms. For further information, please visit Shaw�s Web site
at www.shawgrp.com.
The Private Securities Litigation Reform Act of 1995 provides a
�safe harbor� for certain forward-looking statements. The
statements contained herein that are not historical facts
(including without limitation statements to the effect that the
Company or its management �believes,� �expects,� �anticipates,�
�plans� or other similar expressions) and statements related to
revenues, earnings, backlog or other financial information or
results are forward-looking statements based on the Company�s
current expectations and beliefs concerning future developments and
their potential effects on the Company. There can be no assurance
that future developments affecting the Company will be those
anticipated by the Company. These forward-looking statements
involve significant risks and uncertainties (some of which are
beyond our control) and assumptions and are subject to change based
upon various factors. Should one or more of such risks or
uncertainties materialize, or should any of our assumptions prove
incorrect, actual results may vary in material respects from those
projected in the forward-looking statements. The Company undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. A description of some of the risks and uncertainties
that could cause actual results to differ materially from such
forward-looking statements can be found in the Company�s reports
and registration statements filed with the Securities and Exchange
Commission, including its Form 10-K and Form 10-Q reports, and on
the Company�s Web site under the heading �Forward-Looking
Statements.� These documents are also available from the Securities
and Exchange Commission or from the Investor Relations department
of Shaw. For more information on the company and announcements it
makes from time to time on a regional basis, visit our Web site at
www.shawgrp.com.
Shaw (NYSE:SGR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Shaw (NYSE:SGR)
Historical Stock Chart
From Jul 2023 to Jul 2024
